There are several tax deductions for homeowners, from interest paid on your mortgage to specific home improvements. Find out ...

The mortgage tax break is one of the most common. It enables you to deduct the home mortgage interest on the first $750,000 of your loan/debt if you’re single or married filing jointly, or $375,000 if ...

Rep. Erin Paré, a Holly Springs Republican who was recently appointed a chair of the House Appropriations Committee, filed ...

The good thing about the standard deduction is that it is simple. If you choose to use it, you don't have to provide any proof of your expenses (unlike itemized deductions). However, if you have a ...

A common strategy many wealth management firms recommend is ensuring that as much as 30% of your portfolio includes foreign ...

Senate Finance Committee members Catherine Cortez Masto and John Cornyn were set to introduce legislation Thursday to stop companies from deducting or claiming credits on their U.S. tax ...

The Internal Revenue Service (IRS) has announced the opening of the 2025 tax filing season on January 27, 2025, with the ...

The tax provision generating the most puns involves the capped deduction for state and local taxes, or SALT. This is also the singularly absurd element surrounding extending President Donald Trump ...

The rest of the Republican party should reject this. The current SALT deduction is an itemized deduction that allows up to $10,000 per year, consisting of property taxes plus state income or sales ...

"The mortgage interest tax deduction is a [tax benefit that] allows you to subtract the interest paid on your home loan from ...

PREMA Racing produced a strong debut test Jan. 28 at The Thermal Club (photo) with drivers Robert Shwartzman and Callum Ilott ...